Jobs are plentiful in the city with a population of 7,453. If youre planning a move to Tennessee, then youll be happy to know that there are some areas that are among the most beautiful in scenery as the landscape changes from one season to another. Well, HomeSnacks crunched the numbers and discovered that Stamford is the most expensive place to live in Connecticut. New Canaan is expensive, even by Connecticut standards: The median home value is $1.9M, compared to $350,897 for the state overall. Located on Connecticut's Gold Coast, Greenwich is a financial powerhouse and also an exciting place to visit. The median home value in Greenwich is over $1.5 million, and many residents work in finance and banking in NYC. The average commute time from home to work is 23.6 minutes, suggesting ample employment opportunities in South Glastonbury. Old Greenwich residents live a good work-life balance with an average commute time of 38 minutes. Its the basis on which we chose the 20 richest towns in Connecticut, and the results might surprise you. South Glastonbury, CT Annual household income: $135,596, 18. Its a small, charming seaside community in the Town of Greenwich with a population of 6,873. On top of all these benefits, Westport is also an attractive place for people who want to start businesses because they can get affordable office space and high-quality amenities like restaurants and nightlife. By Joselynn Chua / February 27, 2023. Fairfield County is very close to New York City. Middle-class and affluent, finding somewhere that doesnt test the limits of your credit card can be a chore, particularly if you reserve your home finding to Fairfield County, a place that boasts some of the wealthiest communities in the entire US. Located in Fairfield County, Westport is an affluent town with beaches, private Country Clubs, and Yacht Clubs. Zip Data lists West Hartford as one of the 20 richest cities in the state. Here are the wealthiest towns in Connecticut. Want to learn more about Riverside? The third on the list is Westport. Another one of the richest towns in Connecticut is Weston. Old Greenwich Profile Page with Infographics. Its also very well educated, with over half of its residents having a college degree. Its a desirable place to live if you can afford the costs. Theres no law saying you have to be rich to live in Fairfield, but it does help, especially if you want to buy a property at some point. This affluent community is the home of 18,410 residents with an average age of 45 years, with slightly more females than males. 79.4% of the community are US-born citizens, with 11.73% born in other countries. Ridgefield, CT Annual household income: $206,560, 6. COS COB is a Fairfield county city that extends to the border of the Stamford city limits. The demographics data shows that 88.37% of the residents are white, with 83.9% of the public schools showing a student population that is 83.9% white with excellent test performance scores. The median sales price of homes in Riverside is $834,000. A list of the richest cities in Connecticut was released by Homesnacks and we think you might be surprised at which places made the list. New Canaan and other wealthy towns made it onto the state's list of "disproportionately impacted areas" for favorable treatment in the marijuana legalization rollout, due to a quirk in the data. If you want to live in Darian, youd better start saving. Westport is one of the wealthiest towns in Connecticut. The average home price in Ridgefield is $600,000, and it grants many benefits to its inhabitants: reduced crime rate, good schools, and an overall relaxed way of life. Get more stories delivered right to your email. However, if you want to experience a slower rhythm of life in one of the richest towns in Connecticut, youll need to be prepared to pay up, as home prices are costly. Its a peaceful town thats a great place for people who want to get away from hectic city life and enjoy nature. Old Greenwich is home to some of the wealthiest Connecticut residents. On the plus side, the median income of $190,227 is equally jaw-dropping. Middletown, a riverside city south of Hartford, takes the 6th place spot with a median income of $63,828. Not all of the countries have a great reputation, Read More The 20 Best Places to Live in Latin AmericaContinue, There are quite a few reasons why people choose to live in areas that have low humidity. If you dream of the quiet life, its ideal. Its also known for its rich history and is listed on the National Register of Historic Places as Woodbridge Green Historic District. As to which are the very wealthiest, find out now as we count down the 10 richest cities in Connecticut. The Population for 2020 was 1,797, but it has grown to 1,839 for 2022. If more people are employed, the richer the future looks. For example, those with families may, Read More The 20 Best Places to Live in OklahomaContinue, Austin, Texas is a thriving city that appeals to people from all walks of life. United States locations by per capita income, List of Connecticut locations by per capita income, United States counties by per capita income, "U.S. Census Bureau QuickFacts: Connecticut", "SELECTED ECONOMIC CHARACTERISTICS 2011-2015 American Community Survey 5-Year Estimates", "Profile of General Population and Housing Characteristics: 2010 Demographic Profile Data", U.S. states and territories by per capita income, List of United States counties by per capita income, Highest-income counties in the United States, Highest-income metropolitan statistical areas in the United States, Highest-income urban areas in the United States, Highest-income ZCTAs in the United States, Lowest-income counties in the United States, https://en.wikipedia.org/w/index.php?title=List_of_Connecticut_locations_by_per_capita_income&oldid=1133314595, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 13 January 2023, at 05:01. All in all, Riverside is a town that offers a great quality of life to its citizens. Chris Kolmar has been in the real estate business for almost ten years now. Isn't it grand to see Granby here in the top ten safest places in Connecticut. The median house price in Westport is approximately $1.5 million. A wealthy enclave on Connecticut's Gold Coast, Greenwich is consistently ranked as one of the richest cities in America. Less than an hour train ride from New York City, Greenwich gives the feel of a small town with all the amenities of the big city. Love Connecticut? A handful of factors, from the number of businesses in an area to its median income, have an impact on whether residents are thriving or struggling financially. Darien is a small town on Connecticut's gold coast that is home to approximately 6,759 people. The communities in this city are close, and they love to sponsor community events for the residents and visitors. Old Greenwich enjoys a low crime rate and excellent public schools. Woodbridge is another Connecticut hamlet passed over by statisticians pointing out the most affluent cities in Connecticut. If you want to drive your car everywhere, then this may not be the right fit for you; however, if you enjoy walking or biking, Old Greenwich has plenty to offer. It is a picture-perfect neighborhood in the Town of Greenwich with beaches, highly rated schools, and an easy train ride to NYC. Its safe, with a low crime rate. But its worth it because Connecticut has some of the best opportunities for employment with the states overall unemployment rate holding steady with the national rate. A rain garden is an area dug slightly below the surrounding area that can catch and collect rainfall and keep it from carrying pollutants downstream. There are also several public parks located throughout Fairfield that offer great recreational opportunities such as tennis courts, baseball fields, basketball courts, and playgrounds for kids! Research has shown that the climate of a location does have an impact on persons with moderate, Read More The 20 Worst Places to Live if you Have Arthritis in The U.S.Continue, If your dream is to live or explore in the wealthiest neighborhoods, California is the state for you. If you plan to rent in the city, plan on paying double the national average as apartments and homes go for $2,469 per month. Matter of fact, its because there are a bunch of well-to-do people that call this New England state home. Well, according to the latest Census data, the richest place in The Nutmeg State is Shelton. Andreas Halvorsen - Net Worth: $6.3 Billion Andreas Halvorsen is a Norwegian billionaire businessman whose net worth of $6.3 billion makes him the 6th richest person in Connecticut. Darian is one of the richest towns in Connecticut with a median household income of nearly $243,750. Weston has been named one of the best places to live by Money Magazine, and it has consistently been ranked as one of the safest towns in Connecticut. Redding is one of the wealthiest towns in CT. Its a small upscale community with a population of 8,765. We suspect that the recent pandemic took a toll on residents who lost their jobs, with some forced to relocate for more affordable housing. If you like close-knit communities with family-friendly vibes, well-respected schools, beautifully maintained parks, top-notch libraries, world-class restaurants, and a host of activities to get involved in (parades, festivals, pop up art exhibitions, shows the list goes on), then youre going to love New Canaan. Ridgefield is one of the wealthiest towns in Connecticut with a median household income of 133,647. 9. 20. 14 Richest Towns in Connecticut Darien Riverside Westport Old Greenwich Wilton Weston Greenwich Southport New Canaan Avon Ridgefield Stamford Woodbridge Essex 1. Cos Cob is one of the wealthiest communities in Connecticut with a median home sales price of $1,312,000. [1] All data is from the 2010 United States Census and the 2011-2015 American Community Survey 5-Year Estimates.[2][3]. List of 25 Wealthiest Zipcodes in Connecticut; Rank Map Key Zipcode Zip Name County Adjusted Gross Income Median Household Income; 1: 06878: Riverside: Fairfield: $740130: Essex Village, CT Annual household income: $172,302, 12. The town has a high concentration of people from New York City who commute to work here by train or car. The median income in this city is $81,634. The most affluent settled in the area to enjoy its beautiful beaches and other luxury amenities. The 24 to 44 age group earns an average of $230,278 per year, with the 45 to 64 group bringing in $242,039retired residents 65 plus an average of $131,261 per year for the last calculations in 2020. Its also a better choice, Read More The 20 Best Places to Live with Low Humidity in the U.S.Continue. Read on to discover the 14 richest towns in Connecticut in 2022. Gov. And if you want to know where these wealthy Connecticutors live, take a look below at HomeSnacks list of the richest places in The Constitution State for 2023. In terms of per capita income, it beats the nearest competition by a huge margin of almost $4000. 91.82% of the Population is white, with 87.8% white students in the public school system. The result? Stamford, CT Annual household income: $152,102, 11. View Map of 25 Poorest Zipcodes in Connecticut. 1. Most Dangerous Neighborhoods in Washington DC. In Essex Village, the median income for married people with families is $172,302 for married people with families, and slightly lower for unmarried with families. The median income is $80,896. Westport residents are well educated with 78% of residents having obtained a bachelors degree or higher. Depending on individual tastes, personal circumstances, and the stage of life a person is at, everyone has different criteria in terms of what makes a great place to live. Old Greenwich has a population of 6,962 and a median household income of $222,794. Learn how your comment data is processed. Its a city of high-earners who live the high life enjoying their private yacht and country clubs, with access to the citys pristine beaches. The town is full of greenery and offers residents a tranquil vibe. Let us take a look at some of the richest towns in Connecticut that make up the per capita income. Only 16 states were represented in the top 100. The unemployment rate is lower than the state rate of 4.1% and the national rate of 3.9%. Riverside residents are well educated with 73% of residents have obtained a bachelors degree or higher. The beautiful neighborhood is small, just 6,962, after the influx of rich business professionals. 4.2% of public school students are eligible for free or reduced lunch, and test performance in the public schools for Redding is excellent. The 10 Wealthiest Neighborhoods in San Francisco, median household income of nearly $243,750, The 10 Wealthiest Cities In North Carolina, median household income in Wilton is $204,473, population of just over 20,249 (2020) people, median home value in Easton is over $772,758, The 10 Richest Cities in Michigan Based on Median Income, The 10 Richest Neighborhoods in New York City, The 10 Wealthiest Cities in Georgia Based on Median Income, The 10 Wealthiest Cities in California Based on Median Income, The 10 Wealthiest Cities in Illinois Based on Median Income, The 10 Wealthiest Cities in Missouri Based on Median Income, The 10 Wealthiest Cities in North Carolina Based on Median Income, The 10 Wealthiest Cities in Maryland Based on Median Income. Some haulers caught, Arming guidance counselors? Its a great place to raise kids, with top-rated schools and safe streets. You catch that vibe when you visit New Canaan, but its not cheap to live there. An average home value of just a little under $800,000 might seem like a fortune to most of us, but to the residents of Wilton, its little more than small change, at least if the median income of $193,292 is anything to go by. There's no law saying you have to be rich to live in Fairfield, but it does help, especially if you want to buy a property at some point. (and lowest paying jobs). The unemployment rate is low compared to the state average, and commuters spend an average of 44 minutes driving to work. Not that there isnt more to it than that with a vibrant food scene, a charming historic district, gorgeous parks, and a great selection of shops, it offers premium living at an admittedly premium price tag. A town covered in vibrant nature, Avon is one of the richest towns in Connecticut. Redding has a median home sales price of $1,030,000 and a median household income of $138,125. California was the most represented with 23 cities and towns making the list. Lidia has more than 10 years experience in news and digital media and holds a degree in journalism from the University of Connecticut. If you live in, Fairfield County's Norwalk, CT is the third richest city in the Nutmeg State. However, test score performance in the public school system gets a poor ranking. Its the place where many believe this country originated, being home to the historic city of Plymouth. Stamford is situated only 30 miles north of NYC, so it offers residents unparalleled access to the city. Head out on a fun getaway to these spots: Thank you! If you want to live in one of Connecticuts richest places, youre going to need to make upwards of $59,791/year. There is a good reason that Norwalk was listed as one of the. Other factors influencing the ranking of this city included an unemployment rate of 6.6% and a poverty rate of 7.1%. However, the average house prices range from $1,5 million to $3 million. Avon is the home of 1,206 entrepreneurs. The Upper Middle-Class neighborhood has an unemployment rate of 2.8% in its 06073 zip code compared to the Harford County rate of 6% and the state rate of 4.01%. We begin our exploration of the best places to live in Connecticut for 2022 with Shelton, a city of 41,162 located between Bridgeport and New Haven. California was the most represented with 23 cities and towns making the list. Check them out: What are the oldest towns in Connecticut? Fairfield offers many different types of housing options including condos, apartments, townhomes, and single-family homes. The unemployment rate is 7.3% while the poverty rate is higher at 11.2%. The unemployment and poverty rates are 7.9% and 8.5% respectively. Southport has a long history as a summer resort and residential community. It is an affluent community with a population of 18,503 people, and 75.1% of its residents have attained a bachelors degree or higher, reflecting an educated community. Southport, CT Annual household income: $310,831, The 10 Best Places to Live in Austin for Singles, The 20 Safest Places To Live in Tennessee, Tips on How to Use a HELOC To Buy Real Estate, The 20 Best Places to Live in Latin America. Suburbs 101is an insiders guide to suburban living. The unemployment rate is 8.0% and the poverty rate is 8.9%. The first European settlement was established there in, Read More The 20 Best Places to Live in MassachusettsContinue, Already in the first quarter of 2016, vacation rental startup companies have attracted almost $100 million in investments across the United States and Europe. In todays world of language everything has an acronym dreamed up by some marketing or English major who feels the need to make everything, Read More Tips on How to Use a HELOC To Buy Real EstateContinue, Tucked in between North America and South America, the 20 countries that make up Latin America cover an enormous range of landscapes, climates, cultures, and traditions.
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